UK and US advance discussions over ending Trump-era steel tariffs January 19, 2022 The UK and the US have agreed to intensify discussions over ending Donald Trump-era tariffs on British steel and aluminium, with talks set to begin as soon as tomorrow. International trade secretary Anne-Marie Trevelyan spoke with US secretary of commerce Gina Raimondo today, with the pair announcing they were both committed to “an expeditious outcome [...]
AA goes against vaccine sceptics, slashing sick pay for unvaccinated staff January 19, 2022 The AA is slashing extra sick pay for unvaccinated staff that needs to self-isolate following a Covid contact. In an email sent to its 7,000 workers, the AA said that unvaccinated workers who don’t have a medical exemption, will not get sick pay if they have to quarantine, the Telegraph first reported. “All staff who [...]
Labour secure 32-point lead against Johnson’s Conservatives in London January 19, 2022 The Labour party has secured a 32-point lead ahead of the Conservative party in London, as the ‘partygate’ scandal takes hold in the capital. If the voting intention, revealed by YouGov, is upheld at a general election – it could see Boris Johnson’s party lose eight seats in the city, leaving them with just 13 [...]
The City View: January 19: Inflation and B-Corps January 19, 2022 Today Andy Silvester is joined by Kin + Carta CEO J Schwan, and by Jack Barnett to discuss today’s news on inflation and future rate rises by the Bank of England. Andy also goes through the headlines, which include GSK’s rebuttal of a £50bn Unilever merger, corporate results, and today’s political news as Boris Johnson [...]
Used car prices continue ‘to defy gravity’ fuelling 30-year inflation record January 19, 2022 The increase in used car prices shows no sign of stopping and keeps on ‘defying gravity’, according to Auto Trader’s data and insights director Richard Walker. “To call the second-hand car market buoyant would be an understatement and, with new car supply remaining tight, consumer demand currently shows no sign of wavering,” Walker said. According [...]
City’s top economists toast end of plan B Covid-19 curbs January 19, 2022 The City’s top economists today toasted the government’s decision to scrap plan B Covid-19 curbs, hailing the move as a sign that Britain’s economy is getting back to being fully operational. Hope was ignited among experts that the influence Covid-19 and accompanying restrictions on daily life has exerted on the health of the British economy [...]
Fly me to Seville: Vueling opens new Gatwick base, adding five routes January 19, 2022 IAG’s subsidiary and low-cost carrier Vueling has opened a new base at Gatwick, adding five new routes to Spanish cities such as Seville, Granada and Menorca. Flights from Gatwick to Malaga, Seville and La Coruna will begin on 1 April while the Gatwick-Menorca and Gatwick-Granada will start flying passengers from the day after. All the [...]
BoE Governor challenges Westminster dismissal of Britcoin January 19, 2022 The governor of the Bank of England has accused a Westminster committee of dismissing key arguments for the introduction of Britcoin.
Silver: Golden opportunity or flash in the pan? January 19, 2022 Silver prices are closing in on two-month highs of $24 per ounce, amid disappointing US manufacturing figures and inflationary pressures.
London markets shrug off near 30-year high inflation print January 19, 2022 London markets shrugged off an alarming near 30-year high inflation print yesterday, held higher by mining stocks surging. The capital’s premier FTSE 100 index closed up 0.35 per cent at 7,589.66 points, while the domestically-focused FTSE 250 index, which is more aligned to the health of the UK economy, added 0.01 per cent to reach [...]
